Loading ...Dollar is a little bit weaker, the best thing we have going for us is the bond market rallying, so the 10 year is down 4+ bips.
I am conditioned to expect any rally attempt to fade at this point and there may be some evidence of that in some of the shares that are off early morning highs already. But we’ll see.
Never mind the SM and Bitcoin though, they are ripping. Especially Bitcoin up 3%. Apparently, there’s some money that needs to be laundered that’s creating a need for Bitcoin, which is up 10% since last week.
Glad to see there’s a ceasefire on our end, despite no negotiations – at least public negotiations.